Alpha Networks (TPE:3380) Cyclically Adjusted Book per Share: NT$22.04 (As of Jun. 2026)

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TPE:3380 Alpha Networks Inc TPE:3380
72 GF Score
Price NT$29.95
GF Value NT$26.87
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Alpha Networks Cyclically Adjusted Book per Share?

Alpha Networks TPE:3380 -2.60% 72 Cyclically Adjusted Book per Share is NT$22.04 as of Jun. 2026. GuruFocus rates TPE:3380 with a GF Score™ of 72/100 and a GF Value™ of NT$26.87 (Modestly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Alpha Networks's adjusted book value per share for the three months ended in Jun. 2026 was NT$16.938. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$22.04 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Alpha Networks's average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Alpha Networks was 1.60% per year. The lowest was -1.60% per year. And the median was 0.40% per year.

As of today (2026-09-14), Alpha Networks's current stock price is NT$29.95. Alpha Networks's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$22.04. Alpha Networks's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alpha Networks was 2.07. The lowest was 0.70. And the median was 1.34.


Alpha Networks  (TPE:3380) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Alpha Networks's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.95/22.04
=1.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alpha Networks was 2.07. The lowest was 0.70. And the median was 1.34.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Alpha Networks Cyclically Adjusted Book per Share Related Terms


Alpha Networks Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Alpha Networks's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alpha Networks Cyclically Adjusted Book per Share Chart

Alpha Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.49 22.96 22.85 22.43 21.89

Alpha Networks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.29 22.18 21.89 22.04 22.04

TPE:3380 vs CSCO, MSI, LITE: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Alpha Networks's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alpha Networks Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Alpha Networks's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Networks's Cyclically Adjusted PB Ratio falls into.


TPE:3380
72GF Score
Alpha Networks Inc TPE:3380
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Networks Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Alpha Networks's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=16.938/333.9520*333.9520
=16.938

Current CPI (Jun. 2026) = 333.9520.

Alpha Networks Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.450 241.428 26.904
201612 19.617 241.432 27.134
201703 19.700 243.801 26.985
201706 19.137 244.955 26.090
201709 19.680 246.819 26.628
201712 20.023 246.524 27.124
201803 20.286 249.554 27.147
201806 19.332 251.989 25.620
201809 19.018 252.439 25.159
201812 19.356 251.233 25.729
201903 19.588 254.202 25.733
201906 18.645 256.143 24.309
201909 18.403 256.759 23.936
201912 18.505 256.974 24.048
202003 16.369 258.115 21.178
202006 16.760 257.797 21.711
202009 17.320 260.280 22.222
202012 17.914 260.474 22.967
202103 18.198 264.877 22.944
202106 17.314 271.696 21.281
202109 17.497 274.310 21.301
202112 17.726 278.802 21.232
202203 17.580 287.504 20.420
202206 18.047 296.311 20.340
202209 19.039 296.808 21.422
202212 19.145 296.797 21.542
202303 17.835 301.836 19.733
202306 18.149 305.109 19.865
202309 18.718 307.789 20.309
202312 18.483 306.746 20.122
202403 17.954 312.332 19.197
202406 18.528 314.175 19.694
202409 18.421 315.301 19.511
202412 18.303 315.605 19.367
202503 17.261 319.799 18.025
202506 16.015 322.561 16.581
202509 16.411 324.800 16.873
202512 16.842 324.054 17.356
202603 16.776 330.213 16.966
202606 16.938 333.952 16.938

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of NT$22.04 mean?
Alpha Networks (TPE:3380) has a Cyclically Adjusted Book per Share of NT$22.04 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Alpha Networks and its competitors.
Is Alpha Networks' Cyclically Adjusted Book per Share too high?
Alpha Networks' current Cyclically Adjusted Book per Share is NT$22.04. Overall, Alpha Networks has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Networks' Cyclically Adjusted Book per Share compare to CSCO and MSI?
Alpha Networks' Cyclically Adjusted Book per Share of NT$22.04 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Alpha Networks and its competitors. Alpha Networks's current Cyclically Adjusted Book per Share is NT$22.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Networks stock overvalued right now?
Based on GuruFocus' analysis, Alpha Networks (TPE:3380) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$26.87, compared to a current price of NT$29.95 — trading 11.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$22.04. Alpha Networks' overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Alpha Networks (TPE:3380), the current Cyclically Adjusted Book per Share is NT$22.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alpha Networks (TPE:3380) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Networks stock appears to be overvalued. The current stock price of NT$29.95 is trading 11.5% above its estimated GF Value™ of NT$26.87. GuruFocus considers Alpha Networks to be Modestly Overvalued.

Key valuation signals for TPE:3380:

  • Cyclically Adjusted Book per Share: NT$22.04
  • GF Value™: NT$26.87 vs. price of NT$29.95 (11.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the TPE:3380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Networks Business Description

Address Li-Shing 7th Road, No. 8, Science-based Park, Hsinchu, TWN
Alpha Networks Inc is a provider of telecommunications services mainly engaged in the research, development, design, production, and sale of broadband products, computer network systems, wireless local area networks (LAN), and related accessories. Its product portfolio includes data center switches, Ethernet switches, wireless and fixed broadband products, video radar doorbells, wireless cameras, radar sensors, and others. The Group's reportable segments are: Network related products, which generate maximum revenue, and Others. Geographically, it derives maximum revenue from the United States, and the rest from Taiwan, Japan, and other regions.
72GF Score

Get the complete analysis for TPE:3380

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$29.95
Price
NT$26.87
GF Value